Jobs Report Lays Bare Liberal Failures

[WestVirginiaRebel]

Breitbart:

To listen to President Obama, Americans live in a liberal paradise—a robust economy, 75 consecutive months of jobs growth, and a government aggressively promoting social justice.

 

For those employed in the liberal industrial complex—media, universities, and political consultants advising Democratic candidates—it’s all true.

 

It’s time for Hillary. How could Americans not enjoy a historic march from the worst excesses of capitalism!

 

Sadly, it’s not so. Family incomes are down about $1,600 on Obama’s watch, whereas they rose by $4,800 during the Reagan years. For African-American families, income losses are greater, their children trail further in school achievement, poverty is tougher to escape, and the wealth gap with whites has widened

 

The recent Labor Department jobs report tells the sad story why.

 

The economy added a paltry 38,000 new positions in May. The liberal media will apologize that the Verizon strike cut about 35,000 but monthly job gains have been trending down since 2014 and 2015. That’s frustrating a stronger recovery in wages, especially for minorities.

 

Ronald Reagan accomplished about twice the jobs and GDP growth during his recovery by cutting taxes, tearing down regulations and negotiating a deal with Asia exporters to stop pushing down values of their currencies.

 

Consumers are spending and second quarter GDP growth appears to be strong, but businesses have good reason to make do with the workers they have. Liberal meddling makes hiring and investing in America too tough.

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Failing through the "recovery."